Low is taken out at 4hour time frame POI uptrend continue
Look like it is filling the gap and after filling the gap, prices will reverse. On 4hr chart pattern key EMA 21 and 50 will provide support to prices. 19430 remains the critical support for intraday as long as prices sustain above it, it remains buying on the dips market.
Ocean might give a pump like this already broke a resistance and sustain above it already. BYBIT:OCEANUSDT.P
after higher high breakout stocks picks the resistance and fall based on wave pattern and moving average
#BITCOIN 1-Day Chart Analysis As per daily signals into yearly chart pattern, CRYPTOCAP:BTC moving under Ascending Broadening Wedge pattern from January 2023 to at present and still to be continue.... As per pattern, BTC moving into final downtrend cycle of #CorrectionWave and as per pattern, its final Lower-Low point will be approx. $22.225 and last lowest...
THIS BASICALLY ON TECHINCAL VIEW, NOT FUNDAMENTAL. 1921-1924 area can give a little pull back to 1912-1908 as the price is at -2 deviation point from first MSS and also -4 is at 1937-1945 and its the range in discount area, as well as a very nice supply zone.
"Good morning! As of August 24th, the global market sentiment is positive (based on the Dow Jones alone), and the market trend is moderately bullish. The market might open with a gap-up. If the market reaches resistance with consolidation, we can expect a minor correction. On the other hand, if the initial market experiences a sharp rally, then the rally is likely...
"Good morning! As of August 24th, the global market sentiment is positive (based on the Dow Jones alone), and the market trend is moderately bullish. The market might open with a gap-up. If the market reaches resistance with consolidation, we can expect a minor correction. On the other hand, if the initial market experiences a sharp rally, then the rally is likely...
"Good morning! As of August 24th, the global market sentiment is positive (based on the Dow Jones alone), and the market trend is moderately bullish. The market might open with a gap-up. If the market reaches resistance with consolidation, we can expect a minor correction. On the other hand, if the initial market experiences a sharp rally, then the rally is likely...
Natural Gas has completed all the 5 upwards and 5 downward formations. Moreover , it has completed ABC Counter waves. Now, it is forming bullish formation in lower time frame of 5 minutes. But, stay away till the level of 2.618; Once that is breached it will become bullish. Still two days of trading left in this week. Wait for proper levels to come. Close...
BANKNIFTY works best according to levels and now it move very much big rally and now we can see corrective movement than it start again for up side generally if market move so much then at next day it will be choppy or non trending so keep eyes on it. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER...
NIFTY completed the head and shoulder pattern now there are so many aggressive buyers and there may be possibility of breaking the above red resistance zone then at bigger TF we can see bullish view (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER FROM LOSS OR FROM PROFIT.)
Nifty forming Triple zigzag correction pattern from 19254 and it seems currently it is trading in final abc where wave a is completed and wave b is completed or will complete around 19420 then final bounce of wave c above 19484.......from 19484-19556 range big decline is possible. One can plan stop loss above 19556.
Buy with stop below 4 for target of 1500. This stock is fundamentally good and has completed correction and recently we are seeing that spirits stocks are pumping so this can be a good doubler. Also buy kansai nerolac with stop loss below the wick this can give breakout of high of 354, risk reward is good and stock has grabbed liquidity.
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Hello Fellow Traders, I started learning Elliott Wave Analysis with online free tutorials. I could able to draw based on rules I learned and wanted to put in public to correct and learn my mistakes. Last leg of irregular ABC is in progress and it will be end before 2618 and I feel next WAVE will be fast.
Buy and Sale idea in nifty so be neutral in the market and wait for your setup.
Buy and Sale idea in banknifty so be neutral in the market and wait for your setup.